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A(n) ____________ is a group that channels savings to investors
Financial Instituion
Certificate of Deposit
Investors
Credit Bureau
Payment made for use of borrowed money is called?
Fees
Collateral
Interest
Budget
Person or institutions to whom money is OWED
Leasee
Investor
Borrower
Creditor
Money Market Accounts, Mutual Funds, and CD's are good ways to __________ money
Budget
Save
Borrow
Withdraw
Each student who wants Financial Aid must do what?
Complete the FAFSA Application
Complete an Application for a Social Security Card.
Take AP Classes
Join the Military
Which is not a type of business organization?
Partnership
Stockholder
Coporation
Sole Proprietorship
Who issues Municipal Bonds?
Coporations
Financial Institutions
State and Local Governments
Congress
What is the best title for a list that includes: Direct Subsidized, Direct Plus, Direct Consolidation
Financial Aid
Federal Student Loans
Work Study Programs
Fafsa requirements
What is the term for monthly, quarterly, semi annual price paid to an insurance company?
Income Tax
Interest Rate
Premium
Collateral
A sole proprietorship is an unincorporated business with two or more partners that split duties evenly
True
False
A person who owns a share of shares of stock in a corporation is a stockholder?
False
True
A corporation has all the rights and responsibilities of
a partnership
a government agency
a family
an individual
According to the book, when renting an apartment, your monthly rent should not be more than_____
three weeks of your monthly income
one week of your monthly income
two weeks of your monthly income
four weeks of your monthly income
A mutual fund a company that sells shares of a portfolio of securities (stocks/bonds)
True
False
Which is the best synonym for the bonds that are used to raise corporate capital
Stocks
Payments
Taxes
Loans
How much money should you save before you start renting an apartment?
2 months rent
1 months rent
no savings necessary
3 months rent
